Getting loans with cryptocurrency can often be less complicated than getting traditional bank loans — what exactly are crypto loans?
Crypto enthusiasts are often encouraged to “HODL” their assets — keeping them safe in a wallet until the price of their chosen currency appreciates. But just like you’d feel uneasy about leaving your cash sitting around in a bank with a low interest rates, a common question is this:
How can you get your digital currency to grow?
This is where crypto lending comes in.
Not only can it enable savers to receive interest on their stash of Bitcoin, but it enables borrowers to unlock the value of their digital assets by using it as collateral for a loan.
When investing, one of the biggest challenges can be cashflow — and there’s nothing worse than having to raid the capital you’ve got tied up in assets for short-term costs and lack liquidity.
On today’s CoinMarketCap episode learn about Crypto Lending!
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 https://CoinMarketCap.com/ is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS
🤝 Join CoinMarketCap!
https://bit.ly/3dVaEoS
Follow CoinMarketCap on social!
Tweets by CoinMarketCap
https://www.facebook.com/CoinMarketCap
https://www.instagram.com/CoinMarketCap
https://reddit.com/r/CoinMarketCap
https://t.me/CoinMarketCap
📩 Subscribe to our Newsletter!
https://coinmarketcap.com/newsletter/
11 Comments
First views
My friend🖕🖕introduced to this name above ,👆👆i got my 1BTC perfectly from her.
Second to view
These bot comments lol
For interest: A darker side to lending is that short traders borrow the coins, short the price with no skin in the game, and return them worth much less to the owners than the interest they gave. If the majority HODL without lending, it would reduce sell pressure… but it's a free market and needs to survive free market conditions. The best coins will appreciate in the long run through the best use cases.
LUZION PROTOCOL Dev ™️ offers me:
📍 A/Hour BUSD Reward of 4%
🔐 A secure smart contract
🙅 Ridiculously low tax rate for buys
♨️ FIXED 385,945% APY.!
LuzionProtocol LZN12
Crypto Lending is wrapping up a lie in a bigger lie.
tremendous
copy trading on iconomi is much more profitable then lending,and we know about all the smart contract vulnerability on lending platforms
very helpful! unsure about the dirty bass line in the background tho
Looking at that gas fee makes me think I should quit cigs 🚬